scorecardresearchRBI keeps inflation in focus, raises repo rate by 50bps

RBI keeps inflation in focus, raises repo rate by 50bps

Updated: 09 Jun 2022, 09:23 AM IST
TL;DR.
  • A rate hike was widely expected as inflation has been high in recent times primarily due to the Ukraine war. 
RBI Governor Shaktikanta Das had indicated earlier that the central bank was focussing on containing inflation. REUTERS/Francis Mascarenhas

RBI Governor Shaktikanta Das had indicated earlier that the central bank was focussing on containing inflation. REUTERS/Francis Mascarenhas